Ceteris paribus,if a full-employment economy reallocated a substantial quantity of its resources to capital goods,we would expect:
A) present consumption to rise
B) future consumption to fall
C) a lower rate of growth of real GDP
D) labour productivity to fall
E) labour productivity to rise
Correct Answer:
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Q79: In the following table for a
Q80: Q81: Increasing returns to scale refers to: Q82: The achievement of full employment through time Q83: Labour productivity may be defined as: Q85: In a full-employment economy,added capital formation requires: Q86: Critics of economic growth:
A)the notion
A)real output
A)more
A)contend that growth and
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